For SBA lenders
Short answer
Critical data points include the borrower's legal name, principal(s) names, loan term, interest rate (base rate and spread), disbursement dates, and collateral description, all of which must match precisely.
The SBA Loan Authorization, generated from E-Tran, is the governing document for the SBA's guaranty. Any material discrepancy between the Authorization and the executed loan documents (e.g., promissory note, security agreement) concerning key terms can lead to a guaranty repair or denial during a purchase review.
A lender's E-Tran submission specifies a 10-year loan term at Prime + 2.75%. If the executed promissory note reflects an 8-year term or a rate of Prime + 3.00%, this inconsistency is critical and could jeopardize the SBA guaranty.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 - Lender and Development Company Loan Programs
Universal Purchase Package (UPP)
Last checked 2026-06-13. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-13 · SBA sources checked through 2026-06-13. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
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